PIA receives 2000 applications under restructuring for separation

Pakistan International Airlines has received applications from 2,000 employees to   voluntarily resign.  

The PIA had introduced a voluntary retirement scheme to reduce the financial burden on the company, which expired on December 31.  

According to a PIA spokesperson, "2,000 employees have submitted applications to the PIA administration to avail this scheme."  

It may be recalled that earlier PIA had given a deadline of December 22 to the employees for voluntary separation which was later extended.  

As of December 22, 1,400 employees had applied to avail the benefits of the scheme. 

PIA Chief Executive Officer Arshad Malik has approved the dismissal of 3,500 employees from the PIA to bring about reforms in the organization, and a scheme for employees who want to leave voluntarily before that Wa.  

Under the scheme, employees will be paid a lump sum including graduation, provident fund, accumulated leave, medical allowance and pension up to the age of 65.  

The Economic Co-ordination Committee has allocated Rs. 12 billion for this scheme.  

Following the voluntary separation scheme, the company is also expected to make performance-based layoffs to reduce the employee burden.  

PIA claims that under this scheme, the company will save Rs 4 billion annually.  

The company currently employs a total of more than 12,000 permanent and contract employees (Photo: AFP)

PIA CEO Arshad Malik has said that overstaffing is one of the major causes of the company's problems and a reform plan has been formulated to minimize the number of high priority employees. Is. 

The company currently has a total of more than 12,000 permanent and contract employees, while the new management has set a target of limiting the number of employees to 7,500.  

According to the agency's reform plan, a decision will also be taken as soon as possible regarding the personnel involved in departmental investigations and legal matters. PIA employees will be linked to officially introduced health cards, which will include government hospitals as well as panel hospitals according to their salaries. With the reduction in air tickets issued to employees, its charges will also change according to the fuel price. 

Adding new aircraft to PIA's fleet in 2021 is part of the reform plan.